Industrial Distribution and
For Sale
Contact for pricing
971 Andrew Lee Drive, Henagar, AL 35978
Leased industrial building with 100% occupancy, including a renewed anchor tenant and on-site storage by a local furniture vendor.
Property Size46,401 SF
Price / SF$18.32
Days on Market53
Property Features for 971 Andrew Lee Drive
General Information
Standard status
Active
Size
46,401 SF
Property subtype
Retail, Industrial
Zoning
Industrial
Occupancy
100%
Building Details
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Freedom Real Estate & Capital, LLC
(256) 319-3516
Listed By:
Douglas A. McCullough · License #AL 000033300
Source:
Crexi
Added: Jun 21
Changed: Aug 10
Last Checked: Aug 10 at 2:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Freedom Real Estate & Capital, LLC
Investment Insights
Based on property information with market context.
This industrial warehouse and distribution property is currently 100% occupied. The primary tenant recently executed an early renewal, extending the lease term by an additional five years and leaving approximately six-plus years remaining. That tenant occupies approximately 38,777 square feet of the building. The remaining portion is utilized by a long-standing local furniture vendor for storage, operating under a consistent month-to-month arrangement.
The site sits on a spacious lot within the Henagar Industrial Park, providing land area for potential expansion or future development. The property is described as being located near Industrial Road, supporting convenient access to major transportation routes for logistics-focused operations.
The asset is positioned for industrial users given its industrial zoning classification, which supports manufacturing, warehousing, and distribution uses. For an investor, the key consideration is the current in-place occupancy and the renewed lease term with the anchor tenant; for operators, the configuration supports a storage and logistics use profile, with the option to plan around available space within the overall footprint and lot.
The site sits on a spacious lot within the Henagar Industrial Park, providing land area for potential expansion or future development. The property is described as being located near Industrial Road, supporting convenient access to major transportation routes for logistics-focused operations.
The asset is positioned for industrial users given its industrial zoning classification, which supports manufacturing, warehousing, and distribution uses. For an investor, the key consideration is the current in-place occupancy and the renewed lease term with the anchor tenant; for operators, the configuration supports a storage and logistics use profile, with the option to plan around available space within the overall footprint and lot.
Key Highlights
- 100% occupied leased industrial property with stable in‑place income
- Primary tenant executed an early renewal, extending the lease by 5 years with 6+ years remaining
- Primary tenant occupies approximately 38,777 SF of the building
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35978, AL
5,436
Population
2,305
Households
2.4
Avg Household Size
43
Median Age
9%
College-Educated
83%
High-School Grad
69.4 sq mi
ZIP Area
78
Density / Sq Mi
$52,545
Median Household Income
$35,914
Median Earnings
$747
Median Rent
$123,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Leased industrial building with 100% occupancy, including a renewed anchor tenant and on-site storage by a local furniture vendor.
Where is this warehouse located?
The property is located at 971 Andrew Lee Drive Henagar, AL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 100% occupied leased industrial property with stable in‑place income; Primary tenant executed an early renewal, extending the lease by 5 years with 6+ years remaining; Primary tenant occupies approximately 38,777 SF of the building
